Ninety One appoints Leong Kae Xiang

Kae Xiang is the first infrastructure debt appointment in Asia for the firm.

19 Feb 2025

1 minute

Kae Xiang Leong

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Kae Xiang Leong

Ninety One, a global investment manager with $163 billion AUM (as at 31.12.24), has today announced the appointment of Leong Kae Xiang as Director, playing a crucial role in the development and management of Ninety One’s infrastructure debt portfolio in South and South East Asia. In this new role Kae Xiang will be responsible for originating, structuring, and executing infrastructure debt transactions across South and South East Asia, as well as managing relationships with key stakeholders. Kae Xiang is based in Singapore.

Prior to joining Ninety One, Kae Xiang was Director, Client Coverage Group at Clifford Capital, responsible for the origination, arrangement and execution of infrastructure financing globally across the debt capital spectrum. Kae Xiang joined Clifford Capital from Sumitomo Mitsui Banking Corporation where he was Vice President, Structured Finance Department, responsible for originating and executing debt arranging and financial advisory mandates for power, energy TMT and infrastructure projects in Asia. Kae Xiang began his career at CTBC Bank where he was an Assistant Relationship Manager in the Corporate & Institutional Banking team. He has a BSC in Quantitative Economics and Quantitative Finance from Singapore Management University.

Martijn Proos, Co-Head of Emerging Market Alternative Credit, Ninety One: “Kae Xiang’s deep technical knowledge and extensive experience in infrastructure debt transactions will play a pivotal role in advancing our growth strategy across South and South East Asia. His expertise in originating, structuring, and executing complex infrastructure deals, coupled with his deep understanding of emerging markets, positions him as a key asset in driving sustainable and impactful investments. Infrastructure development in these rapidly growing markets is essential to supporting long-term economic growth, and Kae Xiang's expertise and insight will help us continue to unlock value for our investors."

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